weenz miguelJun 271 min readMay 2024 saw three consecutive months of 3.1% core inflation in Singapore.In May 2024, Singapore's core inflation remained constant from April and March, coming in at 3.1% annually.A joint press release from the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) stated that decreased inflation in retail, gas and electricity, and other products countered an increase in inflation in services.Core inflation grew little by 0.1% month over month in May.Private lodging and transportation are not included in core inflation.
In May 2024, Singapore's core inflation remained constant from April and March, coming in at 3.1% annually.A joint press release from the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) stated that decreased inflation in retail, gas and electricity, and other products countered an increase in inflation in services.Core inflation grew little by 0.1% month over month in May.Private lodging and transportation are not included in core inflation.
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